A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK), Bermuda-based Aspen Insurance Limited (AIL), and Aspen Specialty Insurance Company (ASIC), which is based …
The Florida Supreme Court says hospitals must warn patients about a state law that bars malpractice lawsuits for birth-related neurological injuries. The justices last week ruled hospitals that fail to do so can then be sued even if a patient’s …
Three universities testing Amazon’s Kindle in the classroom have agreed to shelve the electronic book readers until they are fully functional for blind students, under a deal struck Wednesday with the Justice Department. The legal settlements were made with Pace …
U.S. Attorney General Eric Holder told a commission investigating the financial crisis on Thursday that he would find out whether anything was done in response to an FBI warning in 2004 of an “epidemic of mortgage fraud” that could plunge …
Phyllis Steffen has been named vice president of the Direct Claims Division at Grinnell Mutual Reinsurance Company located in Grinnell, Iowa. Steffen’s promotion follows a 34-year career at Grinnell Mutual, where she has most recently served as assistant vice president …
In Texas, the repeal of a motorcycle helmet law has been followed by a sharp increase in fatal motorcycle crashes, according to a study in the January Southern Medical Journal, official journal of the Southern Medical Association. “Since the 1997 …
Oklahoma Insurance Commissioner Kim Holland has fined a Tennessee company and two of its affiliates $25,000 each for violating a cease and desist order she issued in November of last year. According to the order, the company has been illegally …
The Missouri Department of Insurance reports that in 2009 it returned $14.4 million to consumers who filed complaints. The money was recovered from insurance companies and represents a $2 million increase over the amount recovered in 2008. It was returned …
A federal jury in Pine Bluff, Ark., has found race was a motivating factor in the firing of a black Pine Bluff police officer and awarded him nearly $638,000. Former Sgt. Kelven Hadley sued the department after he was fired …
A Colorado company has pleaded guilty in Baton Rouge, La., federal court to negligent endangerment in the 2003 death of Honeywell International plant worker. Chemical & Metal Industries Inc., of Hudson, Colo., could be fined the greater of $500,000 or …